You build equity faster because more of your housing payment each month is going towards buying back ownership from Chord than you’d be repaying principal on a traditional mortgage.

Common Questions.

For the same price as renting, we allow you to build wealth through the value of your home. And because Chord allows you to choose how long you want to stay, you can cash out quickly to pay off bills like student loans or pursue other activities.

Yes, you are the homeowner. If you choose to make any major renovations, we ask that you notify Chord. We can help pay for these renovations. After renovations are complete we will revalue the property to reflect these improvements.

If Chord goes out of business, you have the choice to stay in the home or not. If you choose to stay, you can choose to pay rent to Chord until we sell the home, or buy the home from us using a traditional mortgage. If you decide to rent, you can cash out your stake once we sell the home. If you decide to buy, you can use your current stake in the home as a down payment. If you choose to leave, Chord will cut you a check for the value of your stake in the home, minus transaction costs.

Agreeing to partner with Chord means sharing in the price appreciation of your home. That means that if the value of the home were to go up, you split some of the profits with Chord. But it also means that if the value goes down, Chord shares the burden with you. Also, you get to stop throwing away your money on rent every month while maintaining the ability to move when necessary.

Join the movement that's inventing progressive home ownership.

Chord launches in Fall 2018. Register and be the first on our waitlist for home finance solutions.